Iola Quarry, Inc.

$131,900 PPP Loan in Salem, Illinois

Loan Details

Loan Number
4778787004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$131,900
Current Approval
$131,900
Forgiveness Amount
$132,738
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Iola Quarry, Inc.
Address
202 W.main St
City
Salem
ZIP Code
62881-1519
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212319)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$105,570
Rent
$18,000
Utilities
$8,330

Lender Information

Servicing Lender
1nb Bank
Originating Lender
1nb Bank

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